May 16, 2008
Florida Insurance Commissioner Kevin McCarty ordered a stay of the suspension of the Allstate Companies’ licenses to sell new business in the state. McCarty’s decision comes as the result of Allstate’s submission of an affidavit certifying that it has complied …
May 16, 2008
A House committee looking into defense contractors has alleged that the Department of Defense (DoD) has been lax in its management such that insurance companies providing workers’ compensation for civilian employees in Iraq and Afghanistan may have collected $585 million …
May 16, 2008
The National Association of Professional Insurance Agents promoted Ted Besesparis to senior vice president of communications. Besesparis joined PIA in May 1995 after a career as a print and broadcast journalist at the local and national level. He was national …
May 16, 2008
The National Weather Service says that severe weather on May 11 spawned 15 tornadoes in central Georgia. The strongest of the so-called “Mother’s Day tornadoes” occurred in Treutlen County and was an EF3. Most of the twisters were rated as …
May 16, 2008
Firefighters hoped to make further major gains against a wildfire that has charred thousands of acres along Florida’s Atlantic coast, as police questioned a man seen tossing a Molotov cocktail into nearby woods. Schools that had been closed for two …
May 16, 2008
Casino owner Pinnacle Entertainment Inc. settled a lawsuit with two insurance companies over Hurricane Katrina damage to the company’s property in Mississippi. Allianz Global Risks U.S. Insurance Co. agreed to pay $48 million on top of $5 million it already …
May 16, 2008
About 55 percent of the lawmakers in the 2008 Louisiana Legislature are new to the job but they are doing their homework on insurance issues, one surplus lines insurance industry representative says. David Tatman of Baton Rouge-based The Tatman Group …
May 16, 2008
A new analysis of the South Carolina furniture store fire that killed nine Charleston firefighters last year says the department inadequately trained and supervised its personnel and exposed the men to excessive risks the night they fought the fire. The …
May 16, 2008
Oklahoma Attorney General Drew Edmondson’s office is warning consumers in areas battered by recent storms to beware of fraudsters seeking to take advantage of storm weary property owners. Investigators in the AG’s Consumer Protection Unit are in northeastern Oklahoma offering …
May 16, 2008
Back-to-back storm systems surprised Central Texas overnight on May 14-15 with intense winds and heavy hail damage in localized areas that has insurance agents and companies responding to thousand of property damage claims. The storms originated in the hill country …